Bloomberg News

French State Should Focus on Economy, Medef’s Chief Tells Echos

July 17, 2012

The French government should focus on improving the economic environment and avoid interfering with companies’ strategies and management, Laurence Parisot, head of the French employers’ association, told Les Echos in an interview.

Parisot added that delaying “necessary decisions” raises the risk of a worse outcome, the newspaper reported. His comments came in response to a question about French President Francois Hollande’s criticism of PSA Peugeot Citroen (UG)’s restructuring plan.

The interview is scheduled to appear in tomorrow’s edition of the newspaper.

To contact the reporter on this story: Heather Smith in Paris at hsmith26@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net


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